Tag: economy

Mountain town is ‘best in Norway’

International publications and the UN have long ranked Norway as among the best countries in the world in which to live. A Norwegian news...

Unemployment keeps falling

The number of Norwegians officially unemployed has fallen by another 20,000 during the past 12 months. That brought Norway's jobless rate down to just...

Krone expected to rise against dollar

Norway's central bank refrained once again from raising interest rates on Thursday but now states that it's "likely" to do so in September. That...

Huge new contracts fuel the oil industry

Just two weeks after a huge new drilling rig for Norway's state-owned oil company was completed and towed away from Aibel's yard in Haugesund,...

Solberg struggles to save the seas

NEWS ANALYSIS: Erna Solberg made history over the weekend by being the first Norwegian prime minister to be invited to a G7 meeting. Her...

Hot housing market still scares experts

Norway's high and still-rising housing prices have prompted the International Monetary Fund (IMF) to warn Finance Minister Siv Jensen against loosening up the financing...

Italian unrest hits Norway’s ‘krone’

Oil prices have been rising and Norway's economy is surging ahead, but that hasn't made the Norwegian krone stronger, as might be expected. It...

‘Fairy tale’ start for new ‘Equinor’

With oil prices now up to around USD 80 a barrel for Norway's North Sea crude, this brand-new drilling rig for the country's state-controlled...

Cash is king at most confirmations

Norwegian teenagers going through the rite of passage known as konfirmasjon (confirmation) have been caught boasting about all the money they're given in gifts....

Revised budget taps less from Oil Fund

Finance Minister Siv Jensen has long wanted to invest more of Norway's oil revenues at home, in everything from better roads to more nursing...
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